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16 East 98th Street, #1C

$695,000 | 1 bed, 1 bath
Building Profile  | 
37 days on Market

Key Details

  • Listed: Nov 15, 2024
    Days on Market: 37
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
Monthly Maintenance: $1,306
Est. Monthly Mortgage: $3,692
Total Est. Monthly Carrying Cost: $4,998
Note: the above is based on a down payment of 20% ($139,000), which is the minimum amount permitted by the building.

Description

Step into Apartment 1C at 16 East 98th Street, a beautifully renovated one-bedroom, one-bathroom home with a relaxed modern design. Complete with a sleek wine bar, pocket doors, wide plank oak floors, and a palette of soft neutrals, this home exudes a refined and warm minimalist mood.

High ceilings and large windows allow in natural light throughout the day, complemented by southern exposures that overlook the building’s lush communal garden. Intertwined with the living and dining areas, the open chef’s kitchen is both functional and welcoming with a large island, custom cabinetry, quartz countertops, and premium Bertazzoni appliances.

The south-facing bedroom is tucked away and surrounded by closets as well as the attractive and bright bathroom with a tub.

The apartment is also ready for an in-unit washer and dryer to be installed, adding extra convenience to this serene escape from city life.

Built in 1925, 16 East 98th Street is a well-established and pet-friendly cooperative where residents enjoy access to a lovely garden with a grill, a central laundry room, private storage options, an elevator, and a live-in superintendent. Nestled just half a block from Central Park and surrounded by some of New York’s finest cultural institutions - including the Guggenheim, MET, and Cooper Hewitt, Smithsonian Design Museum, all on Museum Mile - this location offers a balance of cultural access and tranquility.

Whether you’re looking for a full-time residence or the perfect pied-a-terre, this apartment is a true sanctuary. Co-purchasing, parent purchasing, and subletting are all permitted with board approval.

The building allows for 80% financing and there is a 2% flip tax. There is currently a monthly assessment of $1,100 until February of 2025 for roof work.

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Listing courtesy of Brown Harris Stevens Residential Sales LLC

Pricing History

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About 16 East 98th Street

Building Amenities

  • Resident Storage
  • Garden
  • Elevator
  • Laundry Room
  • Bike Room
  • Live-In Superintendent

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Pros
  • Steps away from Central Park
  • Pet friendly
  • Storage space
  • Bike Room
  • Close to Subway
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Subways

  1. 6
at Lexington Ave 0.25 miles

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